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Editor's note: This story was originally published May 21, 2012. Andrew Berlin confirmed Friday he is purchasing a small stake in the Chicago Cubs. Berlin owns the Cubs' Class A affiliate in South Bend, Ind., a team formerly known as the Silver Hawks. Berlin sold his packaging company in 2014. Before the first pitch was thrown at the South Bend Silver Hawks' home opener last month, team owner Andrew Berlin stuck his hand under all the soap dispensers in the men's and women's bathrooms to make sure they worked. He went to the hardware store to buy brooms to sweep the concourse. He stood inside the left-field gates as ticket holders arrived, shaking their hands to...

Related "Mergers, Acquisitions and Takeovers" Articles

Editor's note: This story was originally published May 21, 2012. Andrew Berlin confirmed Friday he is purchasing a small stake in the Chicago Cubs. Berlin owns the Cubs' Class A affiliate in South Bend, Ind., a team formerly known as the Silver Hawks....

Federal regulators ignored many local competitors in its claim that the proposed merger of Sysco and Rosemont-based US Foods would significantly reduce competition and raise prices, lawyers for Sysco argued Friday.Sysco's lengthy attempt to buy US Foods...

Sysco's lengthy attempt to buy US Foods was dealt a blow Thursday, as the Federal Trade Commission and 11 attorneys general sought to block the deal.The FTC said it filed an administrative complaint, charging that the potential takeover would violate...

Last week's "Super Bitch" billing incident, the latest in a string of customer service horror stories for Comcast, could cost the cable giant a lot more than one unhappy subscriber.
The company's proposed $45 billion merger with Time Warner...

Hospitals across the country announced a flurry of mergers, acquisitions and joint ventures in 2014, including nine in Illinois, according to a new survey.
Kaufman Hall, a Skokie-based health care consulting company, reported Monday that hospitals...

Tyson Foods said Friday the $7.7 billion acquisition of Chicago-based Hillshire Brands is already paying dividends.
Tyson, which reported earnings for the quarter ended Dec. 27, said operating income of its prepared foods division improved because of...

CEO of Impact Networking, Frank Cucco, announced the acquisition of NorthShore Business Technology, a Konica Minolta office equipment dealer headquartered in Kenosha, WI. NorthShore Business Technology has been in business for more than 75 years, allowing...

Walgreens Boots Alliance has a new chief financial officer.
George Fairweather, formerly the group finance director at Alliance Boots, has been appointed global chief financial officer effective Feb. 20, replacing Tim McLevish. The company was formed...

Melvin J. Gordon, who ran Chicago-based candy-maker Tootsie Roll Industries for more than 50 years, held the distinction of being the oldest CEO of any business listed on the two major stock exchanges.
Mr. Gordon, 95, died Tuesday in Boston after a short...

It's all about too much stuff. Home-cluttering, garage-filling stuff.
For more than three decades, a Glendale, Calif., business has been one of the most popular options for stashing it.
Public Storage was founded in 1980 by billionaire entrepreneur B....

DEERFIELD, Ill. -- Jan Stern Reed, who most recently served as corporate vice president, general counsel for Walgreen Co., has been given a new role in the leadership of Walgreens Boots Alliance, the company formed in December from the merger of Walgreens...

When Salvatore Ferrara II was born by forceps, his temporarily misshapen appearance inspired his dad to call the new lip-puckering candy he invented “Lemonheads.” That was the joke told by family patriarch Nello Ferrara, who invented Lemonheads and...

Walgreen CEO Greg Wasson will step down after the company completes its acquisition of European counterpart Alliance Boots, the company said Wednesday, a decision that didn't surprise company observers and investors.
Chairman James Skinner will become...

Abbott Laboratories said late Thursday it completed its $305 million acquisition of Veropharm, a leading Russian pharmaceutical company.
The deal gives Abbott access to a portfolio of about 100 medicines that specialize in central nervous system,...

Building on his background as a certified public accountant, Todd Lundy found success as a consultant to law firms and accounting practices firms on matters ranging from mergers and acquisitions to partner compensation.
"He was a very smart,...

Walgreen plans to tie a bow around the acquisition of European counterpart Alliance Boots by the end of the year, announcing the results of a shareholder vote Monday at a meeting in New York.
Walgreen bought a 45 percent stake in the Switzerland-based...

About 97 percent of Walgreen shareholders voted to approve the acquisition of European counterpart Alliance Boots, the company said Monday in New York.Shareholders also agreed to reorganize the company into a holding company, which will be called...

When Basil Peters was 40 years old, he received his first lesson in exits: his own. He hadn't been expecting it and didn't want it, but he had no choice. The company he had co-founded 10 years earlier, Nexus Engineering, had grown into the...

Thousands of patients served at Evanston, Highland Park and Glenbrook hospitals over the past 14 years were informed by mail this week that they may qualify as members of a class action lawsuit over hospital pricing practices. The lawsuit arises from...